Singapore’s Lighthouse Canton to Invest Over US$1.5 Billion in India

In a strong vote of confidence in India’s alternative investment landscape, Singapore-based asset manager Lighthouse Canton has announced plans to invest over ₹13,244 crore (US$1.5 billion) in the country over the next few years. The investments will primarily target private credit and real estate, highlighting India’s growing appeal as a high-potential market for global investors.

According to Mr. Sanket Sinha, Managing Director & CEO of Global Asset Management at Lighthouse Canton, India is set to become one of the firm’s top investment destinations in the alternatives space. Of the total planned investment, the company aims to deploy ₹8,829 crore (US$1 billion) into private credit and ₹4,415 crore (US$500 million) into real estate within the next three to four years.

Lighthouse Canton already has a strong presence in India, with over ₹3,090 crore (US$350 million) invested in alternative assets and a 1.2 million square-foot life sciences real estate portfolio in Hyderabad. Building on this foundation, the firm is also eyeing expansion in Bengaluru and Mumbai, two of India’s key commercial hubs.

Adding to its growth roadmap, Lighthouse Canton plans to launch an India-focused private credit fund by January 2026, targeting ₹1,000–1,500 crore (US$113–169 million). Mr. Pranob Gupta, Managing Director and Business Head – India Alternatives (Credit & Hybrid Strategies), noted that the fund will focus on cross-border opportunities, acquisition financing, and cash-flow-positive sectors such as IT and SaaS.

India’s private credit market, currently valued between ₹2,20,725 crore and ₹2,64,870 crore (US$25–30 billion) as of March 2025, has been witnessing strong growth amid rising demand for non-bank financing solutions. With global assets under management of about ₹35,316 crore (US$4 billion), Lighthouse Canton’s increased focus on India underscores the country’s rising importance in global capital allocation strategies.

As India’s economy continues to expand and its credit markets deepen, Lighthouse Canton’s investment push further cements the nation’s position as a leading destination for alternative investments and real estate growth in Asia.

Source:IBEF